Question

Complete the table related to industry
Strength of labour
Ownership
Raw material
Classification of industry
.... (a).....
Joint sector
.....(b).....​

Answer 1

Answer:

a) Public Sector

b) Cooperative sector

Answer 2

Industries can be classified into several groups.

Explanation:

A. On the Basis of Strength of Labour

1. Large Scale Industries: Large-scale industries are called industries that employ a great number of employees in each sector. The textiles industry of cotton or jute are large-scale industries.

2. Medium Scale Industries: The industries that do not employ very large or very small numbers of employees are known as mid-scale industries. Examples of medium-sized enterprises include the cycling, radio and television industry.

3. Small-Scale Industries: Industries owned and operated by individuals, employing a limited number of employees, are referred to as limited-scale industries.

B. On the Basis of Raw Materials

1. Heavy Industries: Heavy industries are referred to as companies that use large and bulky raw materials and manufacture goods from the same group. A popular example of heavy manufacturing is iron and steel.

2. Light Industries: In light industries, light raw materials are used and light finished products are made. Examples, Electrical fans, light industry sewing machines.

C. On the Basis of Ownership

1. Private Sector: Industries owned by firms or individuals such as Bajaj Auto or TISCO, TATA Group etc are called private sector industries

2. Public Sector: Industries owned by the government (state or central) and its agencies such as BHEL, or Durgapur Steel Plant, or Bhilai Steel Plant  are public sector industries.

3. Joint Sector: In a group of traditional industries, industries owned jointly by private companies and the State or their agencies, including Gujarat Alkalies Ltd. or Oil India Ltd.

4. Cooperative Sector: Industries belonging to and working cooperatively are known as co-operative industries as a collective of people who typically produce raw materials from the given industry, such as a sugar mill owned and operated by farmers.